Applied Materials Inc (AMAT) Financials
Key financial figures for Applied Materials Inc (Q3 2026).
Applied Materials posted record Q3 FY2026 revenue of $9.12 billion, up 25% year over year, with non-GAAP diluted EPS of $3.50, up 41% year over year. Revenue of $9,115 million, up 25% year over year, a quarterly record, driven by Semiconductor Systems revenue of $7,040 million. Applied Global Services revenue was $1,781 million and Other (Display and adjacent) revenue was $294 million. GAAP gross margin was 50.3% and non-GAAP gross margin was 50.4%, up from 48.8%/48.9% a year ago. GAAP operating income was $3,075 million; non-GAAP operating margin was 34.0%, up from 30.7% in Q3 FY2025. GAAP diluted EPS was $3.17 (up from $2.22) and non-GAAP diluted EPS was $3.50 (up from $2.48) year over year. On the outlook: For Q4 FY2026, Applied Materials expects total revenue of approximately $10,250 million (+/- $500 million) and non-GAAP diluted EPS of approximately $4.02 (+/- $0.20). Figures are for Q3 FY2026, as Applied Materials, Inc. reported them.
- Revenue
- $9.1B
- Net Income
- $2.5B
- EPS
- $3.20
- Total Assets
- $43.5B
- Operating Cash Flow
- $3.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $9.1B | $2.5B | $3.17 | 33.74% | $2.3B |
| Q2 FY2026 | $7.9B | $2.8B | $3.51 | 31.9% | $210M |
| Q1 FY2026 | $7.0B | $2.0B | $2.54 | 29.89% | $1.0B |
| Q4 FY2025 | $6.8B | $1.9B | $2.38 | 25.18% | $2.0B |
| Q3 FY2025 | $7.3B | $1.8B | $2.21 | 30.58% | $2.0B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $28.4B | $7.0B | $8.66 | 29.22% | $5.7B |
| FY2024 | $27.2B | $7.2B | $8.61 | 28.95% | $7.5B |
| FY2023 | $26.5B | $6.9B | $8.11 | 28.86% | $7.6B |
Frequently asked questions
What was Applied Materials, Inc.'s revenue last quarter?
Applied Materials, Inc. reported revenue of $9.12 billion for Q3 FY2026, up 24.8% from the same period a year earlier.
Is Applied Materials, Inc. profitable?
Yes. Applied Materials, Inc. reported net income of $2.54 billion for Q3 FY2026, a net margin of 27.84% on revenue.
How has Applied Materials, Inc.'s margin trended?
Operating margin was 33.74% in Q3 FY2026, compared with 30.58% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Applied Materials, Inc. generate?
Applied Materials, Inc. generated free cash flow of $2.33 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Applied Materials Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.